Retail banks are increasingly falling behind by tech-savvy competitors – such as the FinTech alternatives entering the market — which could cause serious threats to the future of traditional banks, suggests a new report by Oracle’s financial services unit. Get the Full Story Complete the form to...
“You’re off to Great Places! Today is your day! Your mountain is waiting, So… get on your way!” – Dr. Seuss Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
A San Francisco startup, Vouch, has raised $6 million in Series A funding in its bid to transform consumer lending. This round’s funding included backing by IDG Ventures USA, First Round Capital, Greylock, AngelList, Core Innovation Capital, Data Collective, Stanford StartX Fund and Cooley LLP. The...
It is a good time to be Lending Club. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...
While Uber continues to face regulatory pressures in the U.S. (and abroad), in London it has formed a unique partnership with the peer-to-peer lending service Zopa to help drivers gain financing for new cars. Get the Full Story Complete the form to unlock this article...
PayPal co-founder Max Levchin announced yesterday (May 6) that his lending startup, Affirm, had raised $275 million in debt and equity financing as part of a funding round led by Spark Capital Growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Income inequality gets a lot of press time. At this point in history, the majority of Americans are well aware that the gulf between the nation’s highest earners – 1 percenters, as they are colloquially known – and the nation’s bottom earners has been well...
Jeremy Allaire’s bitcoin startup Circle has just secured $50 million in funding from Goldman Sachs and IDG Capital Partners, the company reported on its blog yesterday (April 29). Goldman and IDG join previous Circle investors Breyer Capital, General Catalyst Partners, Accel Partners, Oak Investment Partners, Fenway...
Whatever problems banks have — and there are many — trust isn’t one of them. In the U.S. and Canada, 86 percent of people said banks and financial institutions were the companies that they trust most with securely managing their data, according to a new...
